The Forex Trading Coach review - Pros, Cons, and Traders Ratings.

4.71 • 170 REVIEWS
Andrew Mitchem
Updated: Nov 19, 2023

5 star review by Chris Delaney, Australia

I have now been a subscriber with The Forex Trading Coach for over 12 months and... I could not be more impressed with Andrew Mitchem, Paul, Mhel and the team at I have learned an incredible amount of detailed information over the last 12 months which has taken me from a losing trader to a consistently profitable trader inside 12 months. Trading is not an easy pursuit but Andrew's system works if you are prepared to apply yourself. The level of ongoing support is exceptional.

Who is Andrew Mitchem - the Forex Trading Coach?

Andrew Mitchem is full time Forex trader, Forex Coach, father, and helicopter pilot who lives near Nelson, New Zealand.

Andrew has been trading the Forex markets since 2004 and in 2009 he created an education company called The Forex Trading Coach. He tells us that over 3500 people from 101 Countries have now been through the course and the success rate of clients who take his course is very high. Andrew also says several are now trading full time and many are creating additional income by trading for prop firms as the low risk and high reward:risk strategy that he teaches is perfect for these firms.

Andrew Mitchem is posting on a daily basis his currency strength and weakness analysis based on the close of day candle at 5pm New York Time.

Andrew also wrote a book about how he went from being a dairy farmer to becoming a forex trader.

Please read The Forex Trading Coach Reviews below and share your training experience with Andrew Mitchem.


Established: 2009
Contact:, +64 21 121 6268
4.71 • 170 REVIEWS

Recent User Reviews of The Forex Trading Coach

New Hamshire, USA,
Oct 15, 2023,
Registered user

The Best Trading Community Out There

Service use: Live Length of use: 3-6 Months
I have been trading forex since January 2023. I went through the ups and downs of trying a bunch of different strategies I learned off You Tube as I was hesitant to purchase any type of course because I was warned of there being so many scams out there. I had come across Andrew on a Podcast and researched him in my earlier days but just didn't have the money at the time for his course. In May 2023 I decided to purchase his course, and this has by far been the best decision I could have made. When you purchase the course, you don't just get the valuable step by step schooling to learn a profitable strategy but in my opinion, you get the more valuable membership to a whole group of traders from all across the world who are working together along with Andrew, Paul and the whole team to search out the best setups and help each other all become better traders. Andrew has been at this for 20 years, but I can promise you this is not something he takes for granted and every day he is live on the forum with us answering our questions and helping us along the way. I took the months of May - September and cut back my hours at work to really learn this strategy and started July 1 on a prop firm using strictly what I was learning and have been profitable since. I have since added a Second Prop firm with the same success. Thanks Andrew Paul and the whole Team!!
Reply by Andrew Mitchem submitted Nov 12, 2023:
Hi David,

Thank you for your review. It's great to see you doing so well so quickly after joining us. Congratulations on your prop firm success too. Keep up the great work and dedication to your trading.
London, United Kingdom,
Oct 11, 2023,
Registered user

Wonderful education on forex trading

Service use: Live Length of use: 3-6 Months
I have been with Andrew since May 2023 and what a fantastic learning process it has been.
I have been trading for around 4 years, and tried different strategies. I stumbled on one of Andrew's podcast around March of this year and thank goodness I did.
Andrew has a very simple strategy which allows you to look out for different signals/indicators etc when looking to take a trade. Once the trade is taken, you then let the trade do the work. I have found with Andrew's teachings, it takes out the emotional factor, of wanting to move stop losses or just get to break even levels.
Also, included in Andrew's course is access to a members forum which is a fantastic platform for discussing all different topics with like-minded people.
Andrew and Paul are always extremely supportive and you never feel like you are doing this on your own.
I would most definitely recommend Andrew's course.
Reply by Andrew Mitchem submitted Nov 12, 2023:
Hi Seema,

Many thanks for your review. It's great to see how well you are doing with your trading since joining us. Awesome job!
England, United Kingdom,
Jul 29, 2023,
Registered user

The best trading group!!!

Service use: Live Length of use: 0-3 Months
I have been interested in the financial markets since 2015 and I have tried many training courses and expert advisors but I've always failed miserably. I have spent £1000's exploring forex but not made much profit if any at all over the years.

With training courses, I've always found that discretion has rocked my coincidence, along with losing trades. I've always felt like every position I take will lose or I'll win a few positions, but lose one and that would wipe some of the money I'd made, then my trading account would stagnate and I'll end up giving up. The biggest common issue I've found is not really fully understanding what I'd be taught and why I was taught to trade in a certain way, the trading strategies normally lacked logic. So I ended up taking a trade, but not quite knowing if it was a good trade or a bad trade.

I have been aware of Andrew's course for a couple of years but the price put me off as it is a big investment. But I recently joined mid May in my last attempt to try and create some success from forex. When I joined I was a little dubious about using some well known indicators, but I watched the training videos, joined the weekly Zoom calls and started getting involved in the community forum.

During my first couple of weeks there were winning trades and also losing trades. I decided at that point to do my own backtesting to try and find my feet with the strategy, so I spent a fair amount of time focusing on this to train my mind on what to look for. Following on from this I decided to solely focus on continuations and shaped a trading plan around my daily commitments. Since then my weeks have been getting better and better. I'm currently just over 2 months in and getting decent results, but the main point here is that I'm now actually reading the markets like a book, looking for confluences that Andrew teaches that make logical sense. I'm starting to learn exactly when to trade and when not to trade.

For the first time, I feel confident and know what I'm doing, what to look for. And when I make a call, even if I get stopped out, the market normally ends up going in the direction I anticipated, which isn't all that bad considering I used to take a trade and it would reverse on me straight away. My win rate is improving and is already over 50% along with risk to reward normally between 2 and 3 to 1.

I hold a lot of respect for Andrew along with his team and the other traders in the forum group, they are always active and contributing throughout the day. I've wanted to get to a point where I can complete a prop firm challenge and I feel I'm well on my way to achieving this over the next few months.

If anyone is serious about learning to trade then I 100% recommend joining this group. It's taking me 8 years to get as far as I have in just 2 months with Andrew.
Reply by Andrew Mitchem submitted Aug 2, 2023:
Hi Shane,

Thank you for your review. It's great to see how much your trading has improved since you joined us. It'll be great to help get you profitable on the prop firms as I know that's the direction you are wanting to head. Your trade picks on the forum site have been excellent. Keep up the excellent results.
LakeTahoe, USA,
Jul 5, 2023,
Registered user

Do you have a six star option?

Service use: Live Length of use: over 1 Year
I joined TFTC in 2021. My experience with the total program was excellent. I'm the one who failed the program, Andrew has been polite and responsive, he seems to actually care about the members. After no contact on my side for over two years they picked back up with the full support. The company's USA based partner was even going to meet with me while on his vacation just last week. Amazing.
Reply by Andrew Mitchem submitted Aug 2, 2023:
Hi Mike,

Thanks for your update. We do everything we can to look after our clients and to help them to become successful. Paul looking to meet with you even while on his vacation is all part of the service.
Trint Castle
Phoenix, USA,
Jun 20, 2023,
Registered user

Overhyped, Overpriced, Underwhelming Inconsistent Signals

Service use: Live Length of use: 3-6 Months
I have been a member for several months and I would say that this service is not nearly worth the $2,500 I spent on it. The staff is responsive and transparent but the daily trade signals have been 50/50 at BEST and usually right at 1:1 RR. I have not made any profits using their strategy and there is really nothing special about this service. Risk management is good, but otherwise I think the membership is way overpriced.
Reply by Andrew Mitchem submitted Jun 22, 2023:
Hi Trint,

It's a real shame to read your review. Unfortunately, we've not received any emails from you since you joined, either showing us some of your own trades, nor expressing any concerns you have. It doesn't look like you've been on or watched the recordings of any of the weekly webinars and there are just 4 posts from you on the forum site. You have not mentioned the live webinar trades or the multiple trades posted daily on the forum site here?
Your comment about the daily trades at 1:1 R:R is very strange (and far from correct). Due to the way we trade, every single one of the daily trades would have a reward:risk between 2:1 - 4:1 R:R
As you would see, many of the W1 and MN1 trades we post have a R;R even higher.
Don't forget that you also have our 20% return guarantee. Every year since we started in 2010, the daily trades have been profitable, but if they don't make a 20% return or higher, from just 0.5% risk per trade, then you are entitled to a full refund. I can't be fairer than that.
Tokyo, Japan,
Mar 14, 2023,
Registered user

Highly profitable system, excellent training, unsurpassed customer service

Service use: Live Length of use: 6-12 Months
I joined Andrew’s course at the end of June 2022, and posted a first enthusiastic review here after only three weeks had passed. Now, almost 9 months later, I am even more impressed than I was already then:

1. The System
Andrew has created a trading system which can only be called a work of genius. It provides a framework which works over all time frames, all market conditions, all currency pairs (or any other trading instrument provided by FX brokers, such as commodities, indices or cryptos) and all account sizes. – and that without having to spend hours in front of a computer looking at chart (I spend no more than 30-45 minutes total daily in two sessions (morning and evening Japan time). Clear rules for entries, profit taking and stop losses, as well as comprehensive guidance for a professional risk management are provided.

2. The Training
An excellent video course, provides an in-depth learning experience as a basis to master the whole system. It is accompanied by weekly live webinars with over two hours of live trading, discussion of past trades and full of practical trading wisdom (all recorded and available without expiry on the membership site). In addition, the “Daily Trades” page on the membership site is an invaluable source for ongoing guidance and training education, provided every morning by Andrew, allowing to trade alongside Andrew and learning from his extensive commentary.

3. The Tools
TFTC has created an impressive number of top-notch software tools which allow the implementation of professional trade management and complete ease of use of the MT4 or MT5 platforms. Just one example, the tools make it a breeze to allocate the same percentage risk of account equity to every trade, irrespective of currency pair or trading instrument – an extremely important part of risk management, which otherwise is so difficult to achieve in forex trading. Another example is a tool which allows the almost automated analysis and placing of trades according to the TFTC methodology. Some of the tools have to be purchased for an additional fee, but the cost is negligible and the utility is more than worth the money,

4. The Support
The quality of the support and the dedication of the team is bar to none. Whether trading or software-related. all questions are answered in an extremely fast, thorough and personal manner.

5. The Commitment
The commitment to customer service and to integrity is unsurpassed. Just one example: I encountered occasional difficulties with the use of one of the software tools mentioned above, which were due to a unusual technical restriction of my then-broker, as we learned later. After having invested many hours of work dedicated to finding a solution of the problem by Andrew and his team, Andrew reimbursed the full amount I had paid for the software (which basically worked fine!) – without me even having asked for a reimbursement. He then even had the creator of the software add a specific parameter to deal with the restriction which was peculiar only to that broker, and which only occasionally caused a problem. In a nutshell TFTC not only teaches a highly profitable FX trading system, but also provides the best customer service I have encountered so far.

Jul 19, 2022 - 5 Stars This is an early review, because I joined Andrew's coaching course only three weeks ago, but I am already convinced that this is the best investment I have made into myself and my financial well-being in a long time.

Andrew is an extremely experienced and successful active forex trader, and at the same time, an extremely skillful and passionate coach - so he checks both sides of the equation you ideally want to have in a forex trading coach. Each of my emails (and there are many of them), from the most basic to the most exotic, are answered immediately without any delay, accounting for the time difference between our two countries (frankly, I don't know how he does it - I can only guess how many active coaching students he has at any one time, but it must be many, looking at the participation in the forum and in the live webinars).

The passion and confidence he instills is infectious - you get a great glimpse into his coaching approach by listening to his weekly podcast (which is so interesting, instructive and motivating that I have started to listen to all podcasts episodes from the beginning many years ago on my daily walks).

One of the technical learnings already in the first two weeks which have most impressed me: Andrew does not only do a superb job explaining how important it is to risk only the same percentage for each and every trade irrespective of currency pair, but also provides his proprietary "Lot Size Calculator Script", which is extremely easy to use and makes implementation of proper position sizing completely carefree and straightforward.

Another realization I had is that once the necessary skills are acquired, Andrew's approach to forex trading is completely uncorrelated to any market upheavals in the equity, bond or commodity markets and thus is a great risk diversification tool in itself.

Add to Andrew's qualities as a coach the high-quality content of the video course, the amazing software tools and the expert IT support, and all of this make me very confident that I will be able to achieve my goals if I just put in the work and give it time.

Now it goes without saying that - as is the case for each and any new skill set you want to acquire - that you need strong dedication and commitment to put in the required work, study Andrew's approach, learn all about the software tools he provides, master the MT4 or MT5 trading platforms (of course both fully supported by Andrew's course) and be an active member in the community. Andrew cannot do the work for you. But if you do all of this, AND make best use of Andrew as an extremely gifted and experienced coach, I think his course gives me the best shot to master the necessary skills and become a consistently profitable FX trader.

I will report back. :)

Reply by Andrew Mitchem submitted Jul 26, 2022 Thank you very much for your comments and review Gaudeamus.
It's great to see how well you've started off the program since joining us and our community of traders here at The Forex Trading Coach.
Keep up the great trading and we're here to help you along your journey to success!
Clay Burt
Sunshine Coast, Australia,
Feb 3, 2023,
Registered user

Andrew is the real deal!!

Service use: Live Length of use: over 1 Year
I purchased Andrews course back around 2015 and have followed him for a lot of years prior to that. His course if full of fantastic fundamental and technical information which has been part of the building blocks to my own personal trading methodology. This has led me to be come a profitable trader making consistent money every month and even starting my own youtube channel to share my ideas and journey.
On several occasions over the years I have reached out to Andrew for various advice or help and he has been extremely prompt in his replies and also very generous in sharing information to help me resolve what ever problem I had at the time.
I highly recommend Andrew as a genuine mentor in the FX and trading community and someone that takes the time to help and touch bases when needed. Don't waste anymore time, sign up for his programs as you won't be disappointed!! Thanks again Andrew for all of you help mate!! Cheers Clay - Sunshine Coast
Reply by Andrew Mitchem submitted Feb 6, 2023:
Hi Clay,

Many thanks for leaving this review. It's great to see you continue to trade well, some 8 years after you joined my coaching course. I love stories like this because I can see that what we offer is making a big difference for our clients. I look forward to hearing your updates in the coming years too.
Amir Heydari
Toronto, Canada,
Jan 18, 2023,
Registered user

Daily trade suggestion, amazing team

Service use: Live Length of use: 3-6 Months
I've been with Andrew for a few months now and I can tell you if you're going to spend money on mentorship this is the best course. Andrew and his team are very attentive and helpful, my emails get replied to within a couple of hours personally by Andrew. You always have a group of good traders in the forum site including Andrew and Paul themselves, who are always around.

There are trade suggestions every single day by Andrew or suggested by other traders in the forum site so you never miss out on any good setups. I'm very pleased with this program and would definitely recommend it to people looking for guidance in the trading community.
Reply by Andrew Mitchem submitted Jan 22, 2023:
Hi Amir,

Thank you for your feedback and I'm really pleased to see you are enjoying being a part of our TFTC community of traders. Your contributions to the forum site are fantastic and it's great to see the trades you are picking and suggesting. Great progress and success!
Azores, Portugal,
May 20, 2022,
Registered user


Service use: Live Length of use: 0-3 Months
I trade forex for years part time because i`m fishermen and don`t have to much time to trade.
I trade only a few days a weak like 2 or 3 days max, i join Andrews course for 2 weaks by now i made the video course at weakend ahead, on first 2 weaks in a 1200$ account i have made 130$ mustly trading in H4 charts and D1 charts .Every day Andrew publishes daily directions and on forum he posts his trades, you don`t need to much time to learn his system just need to follow the rules and you will succeed.

if you like to trade and make a living or simply make some extra money to the end of the month this is the exact course that you cant miss.
Tanks Andrew for evrything you teaching me
Ronaldo Lopes
Auckland, New Zealand,
Feb 18, 2022,
Registered user

Thank you Andrew! Best EVER!

Service use: Other Length of use: over 1 Year
The proper word to describe my feeling is Gratitude! Thank you very much Andrew for sharing your successful strategy with us and give this opportunity to people.

I believe your best achievement as a forex Coach is that you have created a very powerful strategy, super successful, specially on daily charts that is simple to understand and apply. And that is GOLD my friend that you have done!

Congratulations! You deserve it all!

Reply by Andrew Mitchem submitted Feb 22, 2022:
Hi Ronaldo,

Many thanks for your comments and course review.
I'm pleased you are enjoying the strategy and that you are now a successful trader.
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